>>> US Early premarket gappers

Early premarket gappers
  • Gapping up:
    • BETR +16.4%, TAL +10.5%, NFBK +10.3%, NBHC +10.2%, KNX +6.6%, PPBI +6.4%, GE +6.4%, ELV +6%, GWRE +4.4%, ARDX +4.2%, BANR +4%, ALK +3.9%, NFE +3.7%, BANC +3.7%, WNS +3%, SLG +2.4%, ARWR +1.9%, DFS +1.6%, BLBD +1.4%, MMYT +1.4%, IPAR +1%, CACI +0.8%
  • Gapping down:
    • EVTL -30.6%, LAKE -15.8%, EA -14.9%, ASTS -13.5%, PLXS -6.6%, OLP -6.5%, CVBF -6.3%, RLI -6.2%, BTG -5.4%, CATY -4.8%, HXL -4.3%, NBBK -4.3%, GLSI -3.9%, TOWN -3.9%, QUBT -3.7%, KMPR -2.7%, WSBC -2.3%, MKC -2.3%, IRON -2.2%, ZLAB -2%, TTWO -1.7%, AA -1.7%, SSL -1.6%, PSN -1.5%, WBD -1.4%, ALTR -1%, CON -0.9%, RBCAA -0.9%, TRNS -0.8%

>>> What to look at today - 23rd of December 2024

Stocks in Asia rose after Chinese officials reassured investors of the government’s commitment to supporting the market and boosting share prices. China’s benchmark CSI 300 Index advanced as much as 1.8%, hitting its highest level in almost three weeks before paring some of its gains. The Hang Seng China Enterprises Index, tracks mainland stocks listed in Hong Kong, erased an intraday gain of 1.6% as some investors viewed Beijing’s measures as a temporary stimulus. The MSCI Asia Pacific index climbed for the fourth session, set for the longest winning run in nearly a month.  The gains in Chinese benchmarks came after a briefing hosted by China’s securities regulator, which said local insurers and mutual funds should add to their equity holdings. The move helped improve the mood among Chinese investors, after a tariff threat from US President Donald Trump earlier this week weighed on sentiment. The briefing was held by China Securities Regulatory Commission Chairman Wu Qing, Deputy Finance Minister Liao Min and central bank official Zou Lan, a sign that boosting China’s equity market is seen by Beijing as a government-wide effort rather than simply a problem for the securities regulator. Yields on 10 year Treasuries were little changed at around 4.60%. The dollar consolidated with major currencies in a tight range. Asian markets are still digesting the impact of Trump’s first few days in office, which have sent mixed signals to investors. Trump has reiterated a tariff threat against China but has largely spared the world’s second-largest economy from a feared escalation of the trade war. The S&P 500 came close to an all-time high on Wednesday, after a three-day rally that has been fueled in part by Trump’s moves to boost spending on artificial intelligence. Earlier this week, the president unveiled a joint venture with SoftBank Group Corp., OpenAI, and Oracle Corp. that could spend billions of AI infrastructure.
SoftBank’s shares rallied in the wake of the news, and continued to move higher on Thursday. They are now up around 17% since the start of the year. But other Asian tech stocks didn’t fare as well. Shares of Korean chipmaker SK Hynix Inc. tumbled as much as 4.7% after its record quarterly profit and modest capex plans failed to impress investors. South Korea’s economy continued to sputter in the last quarter, with gross domestic product growth missing estimates. The nation plans to issue up to 20 trillion won ($13.9 billion) in special bonds from Thursday, dusting off a tool last used 21 years ago to help stabilize its currency. Hyundai Motor reported operating profit for the fourth quarter that missed the average analyst estimate. Elsewhere in Asia, Philippine’s JG Summit Holdings shares slumped as much as 8.5%, the biggest one-day fall since March 2023, on concerns that the firm may be removed from MSCI indexes.  The Bank of Japan is on track to raise interest rates to the highest level since 2008 on Friday, as the central bank makes steady progress toward normalization just as the Federal Reserve and the European Central Bank start to mull a pause in their easing cycles.  In commodities, oil edged lower after an industry report pointed to the first gain in US crude stockpiles since mid-November, as the market watched for further pledges on global trade from President Trump. Gold held near the highest level since October. US After Hours EA -10.6%, PLXS -9.5%, CATY -7.1% lower on earnings/guidance; KNX +6%, WSBC +4%, ALK +3.1% higher on earnings; GWRE +4.4% to join S&P MidCap 400.

Nikkei +0.92% Hang Seng -0.35% CSI +0.30% Shanghai +0.67% Shenzen +0.00%

Eur$ 1.0415 CNH 7.2825 CNY 7.2794 JPY 156.49 GBP 1.2316 CHF 0.9063 RUB 99.2088 TRY 35.6623 WTI$ 75.09 -0.46% Gold 2,751.50 -0.07% BTC 102,585 -1.40% ETH 3,212 -1.4%

S&P -0.08% Nasdaq -0.18% EuroStoxx -0.19% FTSE -0.31% Dax -0.02% SMI

Macro :
- Huge New LA Fire Prompts Evacuations After Weeks of Blazes (1)
- Israel-Hezbollah Truce Set to Be Extended Beyond Next Week
- US Power-Grid Operator MISO Issues Cold Weather Alerts
- Musk, Altman Spar Over $100 Billion AI Effort Hyped by Trump
- SoftBank, OpenAI Eye $19 Billion for US AI, Information Says (1)

Keep an eye on :
- AA US : Alcoa 4Q Adjusted Ebitda Beats Estimates -- +5%
- ALTER EGO IPO : Alter Ego Media IPO Price at €4 Per Share, Raising €57m
- AAPL US : Samsung to Beat Apple to Ultrathin Phone With Galaxy S25 Edge
- ASML NA : Trump to Push Hard on ASML Export Controls, Dutch Premier Says
- ASTS US : AST SpaceMobile Offers Convertibles at Up to 4.25% Coupon: Terms -- -9%
- CBK GY : Commerzbank Calls UniCredit’s Approach ‘Hostile’
- EDP PL : EDP Renovaveis Says 2024 Electricity Generation Rises 6%
- ESSITYA SS : Essity CEO Magnus Groth to Step Down During 2025
- EUROB GA : Eurobank Offering by Fairfax Prices at €2.33/Share, Terms Show
- GALE SW : Galenica FY Sales Meets Estimates
- HER IM : Italy Utility Hera Signs Deal to Increase Stake in Aimag to 41%
- HUBN SW : Huber+Suhner FY Revenue Beats Estimates
- ITALMACH IPO : Bain Said to Mull €1.5 Billion Sale of Chemicals Firm Italmatch
- LLOY LN : Lloyds Hires CIBC’s Merali for North America Corporate Banking
- NOHAL NO : Nordic Halibut Places Offering of 14.25m Shares at NOK20/Share
- NVDA US : Nvidia Partner SK Hynix’s Profit Fails to Impress AI Chip Bulls
- PLTR US : Palantir Gets Street-High Price Target From Wedbush on AI Growth
- PUM GY : Puma Drops on Weak Net Income, Margin Target Delay: Street Wrap
- 000660 KS : Nvidia Partner SK Hynix’s Profit Fails to Impress AI Chip Bulls
- 9984 JP : SoftBank, OpenAI Eye $19 Billion for US AI, Information Says (1)
- SPOT US : Spotify CEO’s Startup Neko Raises $260m For US Expansion: FT
- SWEDA SS : Swedbank 4Q Net Income Beats Estimates (1)
- TIT IM : Telecom Italia Agrees on Extension for €700m Sparkle Bid (1)
- TSLA US : Musk, Altman Spar Over $100 Billion AI Effort Hyped by Trump (2)
- TRYG DC : Tryg 4Q Pretax Profit Misses Estimates
- UBI FP : *ELECTRONIC ARTS SEES FY NET BOOKINGS $7B-$7.15B,SAW $7.5B-$7.8B
- VLA FP : Valneva Reports Positive Chikungunya Vaccine Phase 2 Results
- VLTSA FP : Voltalia Signs Maintenance Contract With Copel in Brazil
- VOLCARB SS : Volvo Car Says No Talks Yet Over New Swedish Battery Partner: SRand
- WPP LN : WPP plans US expansion having ‘looked at’ New York listing

>>> Europe : Brokers Upgrades & Downgrades - 23rd of January 2025

>>> Up
* Auto Trader Raised to Buy at Citi; PT 946 pence
* FirstGroup Raised to Buy at HSBC; PT 190 pence
* Fondia Raised to Buy at Inderes; PT 5.60 euros
* Kesko Raised to Accumulate at Inderes; PT 19.50 euros
* Logitech Raised to Equal-Weight at Morgan Stanley
* Netflix Raised to Outperform at Wolfe; PT $1,100
* Rotork Raised to Buy at Kepler Cheuvreux
* TotalEnergies Raised to Buy at Redburn; PT 73 euros
* Vicat Raised to Overweight at Barclays; PT 47 euros

>>> Down
* ASML Cut to Sell at Aletheia Capital; PT 500 euros
* ASML ADRs Cut to Sell at Aletheia Capital; PT $525
* Electronic Arts Cut to Market Perform at BMO; PT $145
* Evolution Cut to Sell at Deutsche Bank; PT 798 kronor
* Galapagos Cut to Underweight at Barclays; PT 22 euros
* Heidelberg Materials Cut to Equal-Weight at Barclays
* Inchcape Cut to Neutral at JPMorgan; PT 800 pence
* INVISIO AB Cut to Hold at SEB Equities; PT 345 kronor
* Ithaca Energy Cut to Neutral at Goldman; PT 160 pence
* Nemetschek Cut to Add at Baader Helvea; PT 120 euros
* Novartis Cut to Hold at Intron Health; PT 110 Swiss francs
* Proximus Cut to Neutral at Oddo BHF; PT 7 euros

>>> Initiation
* Ahold Delhaize Reinstated Neutral at Citi; PT 37 euros
* Alpha Group Internationa Rated New Buy at HSBC; PT 2,855 pence
* Norsk Hydro Re-Initiated Buy at Kepler Cheuvreux; PT 88 kroner

>>> Call
* Palantir Gets Street-High Price Target From Wedbush on AI Growth

FT : Daniel Ek’s Neko raises $260mn in push to be ‘Apple’ of healthcare

Daniel Ek’s Neko raises $260mn in push to be ‘Apple’ of healthcare
Spotify founder’s body-scanning start-up valued at $1.7bn in new funding round

Daniel Ek’s body-scanning start-up Neko Health has raised $260mn in new capital to fuel expansion of its clinics to the US, as the Spotify founder aims to build what he called the Apple of healthcare.

Ek co-founded Neko in Sweden alongside entrepreneur Hjalmar Nilsonne, its chief executive, in 2018, financing the venture for its first five years through his investment firm Prima Materia.

“I think we have a shot of changing the biggest industry on earth and accomplish a win-win-win where we reduce costs for society, we reduce suffering and we can create a fantastic business,” Ek told the Financial Times.

“The companies we compare ourselves with are the Apples or Teslas of the world, but we’re applying it to a very different domain, which is healthcare.”

The start-up’s funding round announced on Thursday values Neko at $1.7bn, according to people familiar with the terms. The investment will help it expand to more countries, including the US, when it receives the necessary regulatory approvals.

The deal is led by Lightspeed Venture Partners, a backer of Elon Musk’s xAI, Stripe and Epic Games, with other investors including Lakestar, Atomico, General Catalyst and OG Venture Partners.

Neko’s first clinics launched in Stockholm in 2023, when it also raised $65mn from outside investors. It expanded to London last year, offering hour-long health check-ups that include high-resolution skin scans, blood tests and a doctor’s consultation for £299.

“We are now at an inflection point where we have proven that we can build an amazing experience and we’ve proven we can get it to work . . . in one of the most difficult markets, the UK,” Ek said.

Critics of preventive care companies say that they can generate “false positives” or alarm patients, which public healthcare services such as the NHS then have to pay to deal with.

Neko’s fee includes follow-up appointments to verify any potential problems that its initial scan detects.

Other preventive health scanning start-ups include Ezra and Prenuvo, while OpenAI chief Sam Altman has invested about $180mn into Retro Biosciences, which aims to extend human lifespan by a decade.

Unlike most other preventive health services, Neko has engineered much of its own diagnostic stack, which includes high-resolution imaging, cardiovascular assessment and blood tests, producing millions of data points.

Nilsonne said about three-quarters of the data generated by each scan came from its own medical devices, while other off-the-shelf equipment was also integrated into a system that was designed to run as many tests in as short a time as possible.

More than 90 per cent of customers opt to allow Neko to apply AI to the roughly 15 gigabytes of data produced in each scan, offering patients personalised insights and recommendations, while also helping the company to improve its algorithms.

“We are building up a much more comprehensive [health] data set than anyone else is doing,” Nilsonne said.

Ek compares Neko’s “vertical integration” to the way in which Apple and Tesla design many of their own components and tightly control their supply chains, from chips and batteries to software and services.

Like those companies, Neko can continuously improve not only its sensors and software, but the overall customer experience, which the founders see as key to attracting customers who would not otherwise want to pay for preventive care.

Neko has completed 10,000 scans to date and more than 100,000 people have signed up for its waiting list. The private company did not disclose any financial information, but Nilsonne said the group did not lose money on each scan thanks to the degree of automation involved, pointing to “very solid unit economics”.

Lightspeed partner Bejul Somaia, who is joining Neko’s board, said its level of repeat bookings and waiting list gave him a “high level of confidence” that the business model was working.

“The investment would have been much tougher for us — though probably I would still have done it because of the team — than if you were taking a total leap of faith on whether people actually want this,” he said.

Neko’s check-ups happen in a spa-like environment, bathed in pastel hues and soundtracked by soothing music, with a mixture of staff and voice-overs explaining each step of the process.

The results are presented immediately after the scan by a doctor, visualised on a 3D avatar of the patient’s body and benchmarking their health metrics against those of other Neko customers and clinical studies.

“We’re not selling a product, we’re selling an experience. This experience will keep on improving,” Ek said. “Where we are today, I like to believe that we will look back at this as the first iPod.”

>>> US After Hours Summary: EA -10.6%, PLXS -9.5%, CATY -7.1% lower on earnings/

After Hours Summary: EA -10.6%, PLXS -9.5%, CATY -7.1% lower on earnings/guidance; KNX +6%, WSBC +4%, ALK +3.1% higher on earnings; GWRE +4.4% to join S&P MidCap 400

After Hours Gainers:

Companies trading higher in after hours in reaction to earnings/guidance: KNX +6%, WSBC +4%, ALK +3.1%, CACI +2%, TOWN +1.7%, CADE +1.6% (also to acquire FCB Financial Corp; also increases dividend), SLG +1.2%, BANR +1.2%, DFS +0.8%, KMI +0.8% (also announces $1.7 bln Trident Intrastate Pipeline Project; also increases dividend), CNS +0.3%, STLD +0.1%

Companies trading higher in after hours in reaction to news: BETR +10.1% (authorizes new $25 mln share repurchase program), GWRE +4.4% (to join S&P MidCap 400), ARWR +4.1% (to move to S&P SmallCap 600 from S&P MidCap 400), OKE +1.6% (increases dividend), HSIC +1.6% (activist investor Ananym Capital to launch proxy fight, according to Reuters), NFE +0.7% (gas supply agreement with Energiza), MTB +0.6% (authorizes new $4 bln share repurchase program), AMAL +0.3% (increases dividend), ALTR +0.1% (shareholders approve merger with Siemens)

After Hours Losers:

Companies trading lower in after hours in reaction to earnings/guidance: EA -10.6%, PLXS -9.5%, CATY -7.1%, RLI -6.5%, HXL -3.7%, AA -1.7%, NBHC -0.2%

Companies trading lower in after hours in reaction to news: EVTL -28.4% (commences $75 mln unit offering), ASTS -13.9% ($400 mln convertible notes offering) LAKE -10.4% (stock offering), BTG -6.9% ($350 mln convertible notes offering) TTWO -1.6% (in sympathy with EA guidance), QUBT -0.9% (stock offering by selling shareholders), CON -0.7% (to acquire Nova Medical Centers; guides Q4 revs slightly above consensus), PRU -0.6% (to reinsure $7 bln Japanese whole life block), WBD -0.6% (CNN planning to lay off hundreds of employees this week, according to CNBC), OLP -0.3% (purchases two industrial properties for $49 mln), TM -0.3% (expands previously announced safety recall), BLBD -0.2% (names new CEO), KMPR -0.1% (estimates minimal California wildfire losses)

>>> Europe : Brokers Upgrades & Downgrades - 22nd of January 2025

>>> Up
* AAK Raised to Buy at ABG; PT 360 kronor
* Aviva Raised to Overweight at JPMorgan; PT 615 pence
* Bachem Raised to Equal-Weight at Barclays; PT 65 Swiss francs
* Big Yellow Group Raised to Buy at Berenberg
* BMW Raised to Buy at Berenberg
* Cargotec Raised to Buy at SEB Equities; PT 57 euros
* Coloplast Raised to Buy at HSBC; PT 920 kroner
* Corticeira Amorim Raised to Buy at JB Capital Markets
* Halma Raised to Buy at Berenberg; PT 3,250 pence
* Hannover Re Raised to Buy at HSBC; PT 280 euros
* JM Raised to Hold at SEB Equities; PT 173 kronor
* LDA SM Raised to Neutral at JB Capital Markets; PT 1.10 euros
* Millicom GDRs Raised to Buy at HSBC; PT 380 kronor
* Munich Re Raised to Buy at HSBC; PT 560 euros
* Netflix Raised to Buy at Canaccord; PT $1,150
* Netflix Raised to Equal-Weight at Barclays; PT $900
* Vestas Raised to Buy at Jefferies; PT 135 kroner

>>> Down
* Ambev ADRs Cut to Neutral at Grupo Santander; PT $3.56
* Amedeo Air Four Plus Cut to Hold at Jefferies
* America Movil ADRs Cut to Hold at HSBC; PT $15.50
* DFDS Cut to Sell at Nordea; PT 108 kroner
* Flow Traders Cut to Neutral at Oddo BHF; PT 25 euros
* JD Sports Cut to Neutral at Citi; PT 95 pence
* Mercedes Cut to Hold at Berenberg
* Porsche SE Cut to Hold at Berenberg
* Schaeffler Cut to Hold at Deutsche Bank; PT 4.50 euros
* STMicro Cut to Underweight at Barclays; PT 20 euros
* Swiss Re Cut to Hold at HSBC; PT 140 Swiss francs

>>> Initiation
* Alfa Financial Rated New Buy at Shore Capital; PT 270 pence
* Bilia Reinstated Buy at Pareto Securities; PT 150 kronor
* Dassault Systemes Rated New Outperform at Grupo Santander
* Geberit Rated New Underweight at JPMorgan; PT 450 Swiss francs
* Lindab Rated New Hold at SEB Equities; PT 200 kronor
* PolyPeptide Group Rated New Overweight at Barclays
* Sunrise Communications Rated New Buy at Redburn

>>> Call
* Delivery Hero Slides as BofA Reinstates Rating as Underperform
* Geberit Rated Underweight at JPMorgan, Earnings Risk Not Priced

>>> What to look at today - 22nd of January 2025

Asian stocks edged higher as optimism over more artificial intelligence spending under Donald Trump offset fears over the impact of tariffs on China. Shares in Taiwan and Japan led gains, lifted by technology stocks after Trump announced a new investment push for artificial intelligence. But Chinese shares bucked the trend, with the benchmark CSI 300 Index declining as much as 1.3% before paring losses. The broad MSCI Asia Pacific Index was up around 0.2%. The divergent fortunes of Asian stock markets underscore the difficult questions investors will be forced to weigh up over the coming months, when the Trump administration is expected to make a series of sweeping policy changes. The decline in Chinese shares came after the US president said he was still considering a 10% tariff on all goods from the country.  US 10-year Treasury yields advanced one basis point after falling five basis points in the previous session. The dollar strengthened against every Group-of-10 peer.   The decline in Chinese shares surprised some market participants. The country was spared the brunt of Trump’s early policy flurry, with his first big tariff comments instead targeting Canada and Mexico. Chinese Vice Premier Ding Xuexiang told the annual World Economic Forum in Davos, Switzerland, that his nation will expand its imports “to promote balanced trade.”  Elsewhere in Asia, the Bank of Japan is moving toward deciding to raise interest rates at its policy meeting this week, Kyodo News reported. That supports recent speculation that the bank will hike by 25 basis points. The yen was down slightly against the greenback, part of a broad move higher by the dollar. SoftBank Group’s shares rose more than 11% after Trump named the company as a participant in the ‘Stargate’ AI joint venture. The move pushed the Japanese company’s shares to their highest level since July, and have boosted sentiment for other tech stocks. Shares of Taiwan Semiconductor Manufacturing Co. rose as much as 2.7%, while those of South Korea’s SK Hynix Inc. jumped 3.9%. Fujikura Ltd., a Japanese wire cabling company that has been one of the country’s top performers, added to its recent gains with an almost 16% rise. Data from New Zealand on Wednesday showed annual inflation was unexpectedly steady in the final three months of last year, remaining above the midpoint of the central bank’s target band. In commodities, oil declined as Trump threatened a tariff on China. Gold held near the highest since early November, with traders monitoring the outlook for the global economy.  US After Hours NFLX +14.2% surges on robust earnings, net adds; UAL +3.6%, IBKR +3.2%, STX +2.5% also higher on earnings; AGYS -17.8%, WTFC -11.3%, CASH -3.7%, PRGS -3.7% lower on earnings

Nikkei +1.58% Hang Seng -1.76% CSI -0.95% Shanghai -0.91% Shenzen -1.01%

Eur$ 1.0415 CNH 7.2867 CNY 7.2806 JPY 155.83 GBP 1.2347 CHF 0.9068 RUB 99.6406 TRY 35.6451 WTI$ 75.80 -0.04% Gold 2,758 +0.48% BTC 105,710 -1.01% ETH 3,320 -0.37%

S&P +0.25% Nasdaq +0.62% EuroStoxx +0.13% FTSE +0.02% Dax +0.39% SMI +0.46%

Macro :
- *TRUMP TO ANNOUNCE OPENAI, SOFTBANK, ORACLE AI INVESTMENT: CBS
- EU Is Set to Cut Back ESG Reporting Rules Amid French Demands
- Musk Says FTC Concern Over Microsoft Bolsters His OpenAI Claims
- Trump Signs Order Limiting DEI in Federal Contracting
- Trump Attack on Climate Rules Takes Aim at Crucial Legal Pillar

Keep an eye on :
- ADS GY : Adidas Rises on Sales Beat, Strong Brand Momentum: Street Wrap
- ALO FP : Alstom 3Q Sales Beats Estimates
- Altice : Altice France Moves Closer to Creditors’ Terms in Latest Offer
- ARM US : Arm, Nvidia and Microsoft Gain on Softbank JV’s Spending Plans
- BARN SW : Barry Callebaut Lowers FY Sales Volume Outlook
- BRK/B US : Pilot Co. Shutting Global Oil Trading Business: Rtrs - https://dub.sh/SoEio61
- DFDS DC : DFDS Sees 2025 Ebit About DKK1B
- DHER GY : Delivery Hero-Backed Baemin to Cut Commission Fee From Feb. 26
- DRX LN : Drax lobbied Canada for intervention on EU forest protection measures
- GAB IM : Gabetti Property Solutions CEO Roberto Busso Resigns
- GIMB BB : Gimv Starts Capital Raise of Up to €247M to Finance Growth
- GOOGL US : Google Invests Another $1 Billion in AI Developer Anthropic
- GOOGL US : Google Rushed to Sell AI Tools to Israel’s Military After Hamas Attacks
- HOLN SW : Infrastructure Spending to Boost Holcim’s US Growth, CEO Says
- IVG IM : Iveco Appoints Nucera as Chief Quality & Operations Officer
- KARMAN IPO : Trive-Backed Space and Defense Firm Karman Files for US IPO
- MC FP : Champagne Shipments Tumble Again as Luxury Slowdown Worsens
- META US : Meta Plans Oakley-Branded Glasses, Explores Watches and Earbuds
- MSFT US : OpenAI, Microsoft Confirm Stargate Partnership (1)
- MSFT US : Musk Says FTC Concern Over Microsoft Bolsters His OpenAI Claims
- MSFT US : Microsoft secures deal to restore Amazon rainforest and offset AI emissions
- NOKIA FH : Nokia Names Patrik Hammaren President of Nokia Technologies
- ORCL US : Trump Backs Musk or Ellison Buying TikTok With US Stake
- RIO LN : Rio Tinto bets Donald Trump will give green light to US copper mine
- ROG SW : *Roche Gets FDA Clearance for Cobas Liat Molecular Tests
- SAN FP : Sanofi’s Sarclisa Gets EU Approval to Treat Multiple Myeloma
- SHA0 GY : Schaeffler Prelim FY Adjusted Ebit Margin 4.5%
- SBO AV : Schoeller-Bleckmann FY Ebit Misses Estimates
- SRG IM : Snam Sees 2025 Adj Net About EU1.35B, Div. to Grow 4% Annually
- STLAM IM : Capital.fr: Airbags défectueux : une plainte déposée par l'UFC-Que Choisir contre Stellantis
- TSLA US : Trump targets EV charging funding programs Tesla benefits from - TechCrunch
- TSLA US : Trump Backs Musk or Ellison Buying TikTok With US Stake (1)
- TTE FP : TotalEnergies Further Delays LNG Project in Mozambique: FT
- TRUEB SS : Swedish Spam Blocker Truecaller Takes on AI Voice Clones
- OKLO US : Oklo Shares Soar, Extend Gains for Fourth Straight Session
- UMG NA : Universal Music Shareholder Said to Seek €177 Million in Sale
- VOW GY : Volkswagen Sweetens Tennessee Union Offer With Profit Sharing
- VOYAGER TECH IPO : Commercial Space Station Developer Voyager Tech Files for IPO

>>> TradeGate Pre-Market Indications

DAX:
  • Adidas (ADS TH) +4.2%
    • Adidas Profit Jumps After Strong Sneaker Sales in Holiday Season
  • BMW (BMW TH) +1.3%
    • BMW Raised to Buy at Berenberg
  • Mercedes (MBG TH) -0.3%
    • Mercedes Cut to Hold at Berenberg
  • Porsche SE (PAH3 TH) -0.6%
    • Porsche SE Cut to Hold at Berenberg
  • Qiagen (QIA TH) -1%
  • Porsche (P911 TH) -1.1%
MDAX:
  • Evotec SE (EVT TH) +2.2%
SDAX:
  • SUSS MicroTec (SMHN TH) +3%
  • Verbio SE (VBK TH) +2.2%
  • Borussia Dortmund (BVB TH) -1.7%
  • PNE AG (PNE3 TH) -1.8%
  • Schaeffler (SHA0 TH) -6.6%
    • Schaeffler Prelim FY Adjusted Ebit Margin 4.5%